Less than 10 minutes..haha
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
add s 17370
These 8-10 point rips in SP, 100 points in the Dow, occur in the time it takes to use the restroom.
Running stops, such a crooked game.
Running stops, such a crooked game.
He's spot on....
Funny how just a year ago everyone was talking about peak oil and how oil was going to average $75-$100 a barrel and even some skeptics put oil as high as $150-$200 in the years to come, fast forward and oil is almost worthless compared to where they thought it was heading. I think there will massive defaults in the credit markets once oil pushes lower, there are probably going to be hedge funds and companies shutting down as there will be great margin calls to deal with.
Aside from that each day oil makes new lows the prices at the pump seem to be still higher than they were when oil fell to $43 earlier this year, paid $2.85 last week, that price should be more like $2.25, there is price gouging going on across the US as they aren't reducing prices at the pump as quick as they are falling....but the other way around, well we already know the answers for that...
Make it look pretty for the lunch crowd, everyone will be watching so make it count.
As we continue to trade within this range, I’m fairly certain Wall Street is in distribution mode. By the time the next presidential administration is in office the markets will be much lower. Just think if Donald Trump or Bernie Sanders is the next president. That’s a very real possibility.
I doubt we are going to break out to new highs with a presidential election looming. But anything can happen.
I doubt we are going to break out to new highs with a presidential election looming. But anything can happen.
i'm covering my shorts next dip, i think this is long(er)